246 & 248 Icedale RdHoney BrookPA19344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Honey Brook at 246 & 248 Icedale Rd, Honey Brook, PA, 19344 generates $7,399/mo in rent and, after a $3,475/mo payment, leaves $2,747/mo in cash flow. Total monthly income is $7,399/mo, and annual cash flow is $32,959/yr on $233,590 invested. Return on cash invested sits at 34.17% in year one, and rental yield is 12.51% on a $710,000 entry. Equity gained on principal adds $4,582/yr, while 5% annual appreciation builds toward $196,160 over five years. Five-year ROI reaches 179.77% and total cumulative return in cash sums $419,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,399/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19344, Honey Brook, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,811 (100%) |
| Owner Occupied HU | 3,460 (71.9%) |
| Renter Occupied HU | 1,053 (21.9%) |
| Vacant Housing Units | 298 ( 6.2%) |
| Median Home Value | $388,943 |
| Average Home Value | $454,125 |
Housing Distribution
Address Breakdown
Residential
4,241
Single Family
3,862
Multi-Family
379
Businesses
214
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Nearby investment properties with comparable prices
Listed by: Ashley Angel • Samson Properties
Mls Name: Bright MLS
Mls Provider:
Mls ID: #PACT2062458
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